Cyprus banks join ASPIS campaign for sixth year to warn against online fraud

Nicosia, Cyprus. The Association of Cyprus Banks (ACB) has joined the ASPIS awareness campaign for a sixth consecutive year, calling on the public to stay alert to online fraud and safeguard banking and personal information.

Recognising attempted fraud

In its announcement, the ACB advised people to exercise particular caution over suspicious emails, phone calls and text messages seeking banking or personal details, passwords or codes used to verify transactions.

The association identified pressure to act urgently, questionable links and demands to confirm details immediately as warning signs of possible fraud.

It said fraudsters were continually adapting their methods as digital communication and electronic transactions became embedded in daily life. Public awareness and preventive action were therefore essential to protecting people and their property, it added.

Cooperation and banking security

The campaign is being conducted jointly with the Office of the Commissioner of Electronic Communications and Postal Regulation and the Cyprus Police. According to the association, it seeks to protect the public against electronic fraud and make digital transactions more secure.

The ACB said safeguarding data, information and transactions remained an ongoing priority both for the association and for banks. It noted that banks invest in secure systems and transactions, while keeping the public informed about risks and ways to protect themselves remained crucial.

The association said ASPIS also emphasised cooperation among the relevant authorities and active public involvement in building a safer digital environment.

Guidance on preventing online scams and recognising the main indicators of attempted fraud is available on the ACB website, it said.